Investment Firms in Norway
Norway's venture capital ecosystem reflects a strong public commitment to innovation, with significant government funding and research commercialization efforts centered in Oslo and Trondheim. Its investment landscape is uniquely shaped by the country's industrial heritage, leading to pronounced strengths in climate, energy, and maritime technology sectors. A mature network of investment firms often guides companies from early seed rounds through later growth stages.
Investment activity in Norway is heavily concentrated in Oslo, which accounts for 53% of the country's 19 investment firms. Other hubs include Stavanger and Bergen.
Climate & Energy dominates the investment landscape in Norway, with 68% of investment firms focused on this sector.
Norway is a particularly strong hub for early-stage investing, with over 89% of investment firms active at the Seed or Pre-Seed stage.
Last updated: 20 October 2026
Investment Firms
19
Total Investments
369
Top Sector
Climate & Energy
Top Stage
Series A
Top Investment Sectors in Norway
The most popular sector focus among Norway investment firms is Climate & Energy, with 13 investment firms (68%) investing in the space. This is followed by AI (8), Healthcare (7), Food & Agriculture (6), Enterprise Software (5).
Investment Stages in Norway
Norway investment firms are most active at the Seed stage (17 investment firms). This is followed by Series A (16), Series B (10), Growth (9), Series C (7).
Browse by City
All Investment Firms (19)
Investinor
Trondheim, Norway
48 investments
Series A, Series B
Biotech & Life Sciences, Healthcare, Fintech …
Construct Venture
Oslo, Norway
47 investments
Series A, Seed
Construction, PropTech
Equinor
Stavanger, Norway
40 investments
Series A, Series B
Climate & Energy
Verdane
Oslo, Norway
31 investments
Growth, Series C
SaaS, Climate & Energy, Consumer …
Skyfall Ventures
Oslo, Norway
28 investments
Seed, Series A
AI, Climate & Energy, Crypto & Web3 …
Alliance VC
Oslo, Norway
25 investments
Seed, Series A
AI, Climate & Energy, Fintech …
Hadean Ventures
Oslo, Norway
24 investments
Series A, Series B
Biotech & Life Sciences, Healthcare
Sondo Capital
Oslo, Norway
16 investments
Seed, Pre Seed
Enterprise Software, Fintech, AI
Yara Growth Ventures
Oslo, Norway
16 investments
Series B, Series A
Food & Agriculture, Climate & Energy
Katapult
Oslo, Norway
14 investments
Seed, Series A
Climate & Energy, Food & Agriculture
Sandwater
Oslo, Norway
14 investments
Series A, Series B
Climate & Energy, Healthcare, AI …
Farvatn
Bergen, Norway
13 investments
Seed, Series A
Biotech & Life Sciences, Climate & Energy, Food & Agriculture
Laerdal Million Lives Fund
Stavanger, Norway
13 investments
Series B, Series A
Healthcare
Futurum Ventures
Trondheim, Norway
12 investments
Seed, Series A
SaaS, Enterprise Software, AI …
Schibsted
Oslo, Norway
8 investments
Seed, Series C
E-Commerce & Marketplace, Consumer, Media & Entertainment …
Eviny Ventures
Bergen, Norway
7 investments
Seed, Series B
Climate & Energy
RunwayFBU
Fornebu, Norway
5 investments
Pre Seed, Seed
Enterprise Software, Hardware & Semiconductors, Robotics & Automation …
Aker
Fornebu, Norway
4 investments
Growth, Series C
Climate & Energy, Data & Analytics, Food & Agriculture …
TD Veen
Stavanger, Norway
4 investments
Seed, Series A
Climate & Energy, Food & Agriculture, Healthcare …